by Alexander Mercouris
Angela Merkel ~ "Nobody in Europe will be abandoned. Nobody in Europe will be excluded.
Europe only succeeds if we work together."
- Angela Merkel (1954)
“The preacher’s daughter’s only concern during the years of this crisis has been to pray that neither the EU nor the euro will break up on her watch.
“Merkel is not a pro-Brussels ideologue. In fact, she’s a consensus politician who rules by opinion polls, rarely taking strong positions.“Merkel’s surveys of the German people tell her that bailing out Greece is not a popular option. So Angela Merkel is opposed to extending a lifeline to Athens.“If the Bild tabloid suddenly changed tack and supported the idea of debt-relief for Greece, Merkel most probably would also do a U-turn.”
“[R]elishes her reputation as queen of Europe. But she hasn’t learned how to use her power, instead allowing a bad situation to heat up to the boiling point.
“Her inability to take unpopular stances badly exacerbated the Greek crisis.”
“[S]he didn’t have the courage to face the consequences. And there were alternatives.
“She could have offered Greece a safe and supported path out of the euro zone. That is the course of action that Finance Minister Wolfgang Schäuble has supported internally for years.“She could also have offered Greece a debt haircut. Had she done so at the right moment, she could at least have prevented the radicalization of Greek politics.
“None of these options would have been free of risk.
“They would have required courage and money, and they would have opened up Merkel to attack. And that is something she didn’t want.”